Welcome to Springforth Investment Managers (SIM)

    Springforth Investment Managers is the Investment Management firm from Springforth Capital Advisors, a full service mid-market investment bank, in partnership with the Industry veterans in the areas of Food, Agri and Logistics.
  • An impeccable team of domain and capital market experts with strong entrepreneurial and managerial background offers high-level domain expertise, extensive industry and investor network and strategic direction.
  • Being entrepreneurs ourselves and having experienced the business cycles, make us put our experiences to use throughout the entrepreneurial journey of the venture.
  • Our governance and advisory board personifies integrity & professionalism and acts as catalyst on the high-performance, high-profile boards.
  • SIM believes that each company is special and has requirements which are unique in nature. Hence, needs customized solutions.

Investment Approach

Focus Sectors:

  • Branded Food Products, Services & QSRs
  • Agri Business
  • Logistics & Supply Chain Management
    SIM has been launched keeping faith in India’s ever growing consumer markets to accelerate and nurture Food, Agri and Logistics Startups. The typical profile of a startup is as follows:
  • Promoters with 2+ years of corporate / entrepreneurial experience.
  • Product / Process innovation.
  • Creation of new categories/ sub-categories and working on solutions for unique problems. Scalability is key.
  • Potential to integrate with synergistic horizontals / verticals.
  • Pre-Series A stage.

WHAT WE OFFER

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The Idea Capital

Every new venture faces challenges in one way or the other in building and scaling up the business. However, at the same time, the founder or the founding team with a great vision, would be able to reach the goal, given they take the right steps. With our experience and understanding we handhold the teams and help them take the right steps, saving their time and efforts

Domain expertise
Industry Connect
Investor connect
Infrastructure & IT

Portfolio

Last Mile is a startup based out of Hyderabad which focuses on last mile fulfillment. Last Mile is creating a network at mandal and village level to cover each and every Pincode in south India

Investment Year: 2016

Tummykart aims to provide 24x7 A la carte food options and customized lunch meals with subscription facility from its own fully-equipped kitchen in Hyderabad. with more than 50 years of combined experience, TummyKart has come up with sumptuous delicacies that are swiftly delivered at customer’s doorsteps.

Investment Year: 2016

ReturnTrucks, is an award winning innovative platform connecting goods and truck owners for an economic, effective and timely engagement. RT is committed to work in the large road-transportation eco-system and be a technology enabler to build in efficiency in the transportation business

Investment Year: 2016

Home Improvement enthusiast in India will have a new customer experience of getting their home a makeover and get all those services to improve the new feel of your property. Renowala is to provide for all the requirements to be met from every work aspect of Home Improvement. Services will also cover hotels, schools, offices, hospitals, restaurants and many more.

Investment Year: 2016

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OUR TEAM

ICHARD B SALDANHA

RICHARD B SALDANHA

Chairman
Kalyan V Sivalenka.png

Kalyan V Sivalenka

Director
Syamala Nagaraju.png

Pradeep Dhobale

Director
Maheen Kannu.png

M.Maheen Kannu

Director
Vikash Kumar.png

Joseph Cherian

Director
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R Natarajan

Board Advisor
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Siddharth Dhondiyal

Board Advisor
BOBBA VENKATADRI

BOBBA VENKATADRI

Board Advisor - AGRI
Vikash Kumar.png

VIKASH KUMAR

Principal

NEWS & INSIGHTS

I-banking firm Springforth’s accelerator seals debut deal1 05 June, 2017

Springforth Investment Managers (SIM), a startup accelerator launched by mid-market focused investment banking firm Springforth Capital Advisors Pvt. Ltd, has struck its debut deal in the health food and nutrition space, a top company executive told VCCircle.

SIM has acquired a minority stake for an undisclosed amount in Hyderabad-based health and nutrifood maker Inner Being Wellness Pvt. Ltd, which markets its products under the ‘Inner Being’ brand, said Kalyan Vijay Sivalenka, founder and managing director of Springforth Capital.

As part of the transaction, Pradeep Dhobale, operating partner and director at SIM and former executive director at ITC, will join Inner Being as director.

“Health and nutrition is a rapidly growing segment and provides opportunities for niche players in the overall basket of food and food processing. But intellectual property will be an important differentiator. With the head start that Innerbeing has, it is rightly positioned to be a key category player. Besides, its already-established backward linkages to farming are well aligned with the company’s national objectives,” Dhobale said.

Inner Being, launched in 2012 by Pavan Raj Kanungo and headed by CS Jadhav, offers items in wellness, nutricare, and nutrifood categories. It also owns and operates online store innerbeingstore.com. Sivalenka had earlier told VCCircle that the accelerator will typically make investments in pre-Series A rounds.

Springforth joined hands with Dhobale and former Papa Johns India CEO Joseph Cherian to launch the accelerator last August. SIM prefers to take positions in early-stage companies in sectors such as food, agri and logistics. It is aiming to put money in 12-15 startups, apart from mentoring them. Like other accelerators, the Hyderabad-based firm also plans to have two engagement models.

“One, we will take direct positions in companies that need mentoring, domain expertise and funding support. Two, we will help investors already invested in these sectors manage their positions through our operating team,” Sivalenka had said earlier.

SIM’s board includes Maheen Kannu, founder-director of Springforth and a logistics veteran with over three decades’ experience, and Richard B Saldanha, vice-chairman of Blackstone India. The investment banking firm had raised funding from a non-resident Indian investor last year for domestic and overseas expansion. It was also likely to utilise the capital to start offering services to early-stage companies in India and help clients raise funds from capital markets outside the country.

The Hyderabad-based accelerator is also preparing to launch a Rs 100-crore fund that will invest in food, agriculture and logistics companies, another top executive told VCCircle. Springforth Agri Food and Logistics (SAFAL), as it is being christened, will incubate early-stage companies and help them reach the Series A funding stage.

Launch of SIM, 1 May 2016

Springforth Investment Managers is the Investment Management firm from Springforth Capital Advisors, a full service mid-market investment bank, in partnership with the Industry veterans in the areas of Food, Agri and Logistics.

Springforth is a 5-year old full service mid-market investment bank pioneered by an eminent group of finance professionals and industry experts.

SIM has been launched keeping faith in India’s ever growing consumer markets to accelerate and nurture Startups. “We believe that there is increasing interest from the VCs in the sectors we are targeting and our aim is to mentor and empower early stage companies in these sectors to help them grow well and establish themselves as category leaders. Our team in the well augmented sectors of focus is one of the finest in the country's ecosystem, today ”, said Kalyan Sivalenka, Director & Operating Partner, SIM.

SIM will be led under the guidance of Mr. Pradeep Dhobale, Mr.Joseph Cherian & Mr. M Maheen Kannu. Pradeep, who will oversee the Agri portfolio in SIM, has retired as Executive Director in charge of FMCG businesses including Food for ITC Ltd. He has earlier headed Finance and IT, paper & packaging businesses at the Board level of ITC and has seen the sectors growing for ITC very closely. Joseph is Ex-CEO of Global Franchise Architects and Papa Johns, India, and will oversee the portfolio of Food / QSR segments. Mr. M Maheen Kannu was former Country Head - Surface Express Business at Gati Limited and will oversee the portfolio of Logistics.

Contact Us

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Hyderabad

Flat A-3, No: 326, Lakshmi Nilayam,
Teachers Colony St., Begumpet, Hyderabad – 500016

+91 40 64615593

Bangalore

T-2, 3rd Floor, Gem Plaza, 66 Infantry Road
Bangalore- 560001

+91 80 40946335

clientrelations@springforthcap.com